It has been a strong year for the collective crypto-market. Any asset in the top 10 would agree with this assertion, but this wouldn’t be the case for XRP. While on the rankings it remains 7th, its April 2021 high of $1.966 is yet to be tested again. From a long-term perspective, every top assetContinue reading “XRP – Assessing the odds of it climbing past $5 in 2022”

It has been an exciting month for the cryptocurrency industry, especially for the largest digital asset. Bitcoin reached a new all-time high of $67,000 earlier last week. However, rather than pushing forward with renewed market momentum, BTC showed faded strength on the charts. For the most part, Bitcoin rallied the collective industry this month. OverContinue reading “Breaking down the Ethereum/Bitcoin chart indicating a potential momentum shift”

After a drawdown period of 188 days and a 55% correction from the top, Bitcoin hit a new all-time high of $67,276 less than 24 hours ago. The turnaround took exactly 3 months, with BTC reaching a cyclic bottom of $29,200 on 20 July 2021. Since then, the market has collectively recovered on the charts.Continue reading “With Bitcoin hitting $67,000, how soon will the altseason arrive”

In one of our recent articles, we mentioned that Bitcoin possibly needs retail investors to come in and increase buying pressure since there was a lack of FOMO in the market. While FOMO isn’t necessarily a long-term progressive catalyst for consistent price gains, it does allow assets to breach key resistances. Now that Bitcoin hasContinue reading “Bitcoin: These are the realistic price levels for BTC before end of 2021”

It is a monumental day for the digital asset industry as the first Bitcoin ETF made its entrance on Wall Street. Over the past 24-hours, ProShares’ Bitcoin ETF first started trading on New York Stock Exchange, and the traffic has been incredible. After diving further into those facts, we will discuss the functionality of thisContinue reading “Beyond the hype: A quick guide to investing in a Bitcoin Futures ETF”

Bitcoin, at press time, was valued at around $64,000. So close to its ATH, it seems almost futile to project possible corrections. However, while a majority of the community is expecting a $70k summit in the next few days, the likelihood of a correction is strangely still intact. Without committing the cardinal sin of revoltingContinue reading “Bitcoin is at $64,000, but will liquidity pools catch it off guard”

Over the past few years, the general public (or investors per se) are getting more and more familiar with the idea of cryptocurrencies. The financial stigma surrounding Bitcoin and Ethereum is slowly being cleared out but central banks and various economists continue to uphold their views against the idea of digital assets. However, these centralContinue reading “Do central banks have reason to be afraid of Bitcoin or ‘cryptoization’”

Over the past 48-hours, Bitcoin displayed incredible resilience above $60k, bouncing back on each hourly candle that dropped below the range. At press time the asset continued to consolidate above $62k, and the market was collectively indicative of bullish signs all around. While on-chain metrics have been discussed fervently over the past few weeks, the derivativesContinue reading “Traders need to consider these factors, before Bitcoin breaches above $64,000”

With cryptocurrencies becoming a fully established asset class over the past few years, various exchanges have risen to prominence. However there are also instances like Bitmex which was once king of derivatives, but currently has a lower open interest than Phemax and BTSE. Binance has been one of those players that have been in theContinue reading “Binance vs. FTX: Is the competition closer than expected”

After weeks of speculation and anticipation, Bitcoin ETF is finally a reality for the American financial markets. The first Bitcoin ETF was proposed back in 2013 and after multiple rejections over the years, the SEC has finally green signaled its approval. The approved ProShares Bitcoin Strategy ETF will give investors exposure to bitcoin futures contracts.Continue reading “Now that futures ETF is a reality, does the future look any different for Bitcoin”

While random altcoins may outperform Bitcoin and Ethereum momentarily in the market, the top two digital assets are miles ahead when it comes to market valuation. Sitting at a market cap of $1.14 trillion and $460 billion respectively, BTC and ETH influence high market liquidity, and certain assets are influenced by their movement. Over theContinue reading “Bitcoin or Ethereum: Which asset leads the race right now”

Over the past decade, the cryptocurrency industry as an asset class has come a long way. The likes of Bitcoin and Ethereum are no longer frowned upon with a sense of disapproval, despite the crypto-market being relatively new. Hence, it is imperative to evaluate the evolving maturity of the asset class. While there are multipleContinue reading “The A to Z of Bitcoin’s Order Book Depth and what it means for the market”